So, what I'd like to start with is--I just want to make sure I understand the business model.
So, the notion that somehow we save money by propping up a weaker, more impaired company than we do by cleaning it up and putting it on the ...
No matter how many taxpayer dollars we pumped in.
So, right now, your business model is that you have the exclusive right to sell, in effect, zero percent financing on GM cars.
I've always believed that people misunderstood TARP. We should not be dancing in the street because banks have repaid their TARP funds.
You left the equity intact, all of the debt continued to be repaid at 100 cents on the dollar; a far better deal to have been an investor in...
Without GMAC, GM was unlikely to survive?
Going from $21 billion to $3 billion doesn't look like it fixed itself and that it only started coming back once TALF was in place, a TARP p...
You wiped out all of its equity, you caused its debt to have to take a haircut, and that's what helped put it back on firm footing.
The difference is, that you're trying to capitalize what is now a much stronger company.
Thank you. I'm past my time.
I'm not commenting on what the prior Administration did, I'm just observing what they did.
Thank you very much, Mr. Hull.
So, you don't offer cheaper financing than anyone else does in order to support the sale of GM cars?
Yes, I think it can happen. He's going to have to scramble to get the votes for -- to move this bill through the Senate and the House with t...
I think it came out to be a draw. I don't think the president probably got the momentum he hoped in order to get over this reconciliation mo...
But there's also this question, is it wise to pass a bill, major landmark social legislation with only one party voting for it and the other...
It's going to be -- clearly, the Republicans are going to call foul and say it's yet another deal by the Democrats.
